Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Chinese companies invested $3.62 billion in non-financial sectors overseas in 2004, an impressive growth of 27 per cent year-on-year, the ministry of commerce said in Beijing.
In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings.
We won't see a bigger decline in mining going forward, but it might remain flat in July-August 2014.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Labour unions, with a history of hostility towards management, are pushing back on Coal India's plans, fearing modernization and outsourcing will hit jobs.
Sources close to the PM say he will not be panicked into generating short-term results at the cost of longer-term goals
British Virgin Islands, Mozambique, the Netherlands, Mauritius and Singapore were the top five nations where Indian firms made investment of $9.6 billion in the last three years.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
'Look at the aggressive way in which a campaign against Friday namaz is going on in North Indian cities.' 'Even the Union home minister is part of this vicious campaign.'
The group firms reported combined losses of Rs 6,134 crore in FY19 against a net profit of Rs 5,414 crore a year ago. Excluding Vodafone Idea, the group reported a net profit of Rs 8,470 crore, down from a profit of Rs 9,582 crore a year ago.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
A majority of the respondents said that demonetisation is a positive step towards curbing black money and corruption from the economy, the move did have an impact on their sales.
Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
Lack of new investments may undermine higher consumption
'The focus is more on the outlook for global growth'.
The government may have to resort, eventually and however unwillingly, to printing money, abandoned as policy and practice in the 1990, predicts T N Ninan.
Governments encouraged motorists to switch to diesel in the belief that its superior fuel economy would outweigh the higher pollutants per litre burned.
The only fuel that showed growth was LPG as the government dole of free cooking gas cylinders to poor households fired up consumption by 21 per cent during April 1 to 15.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
RBI chief Raghuram Rajan said Asia's third-largest economy is being hampered by a drop in public and private investments.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
Indian companies struggle to escape debt burden as profit slows.
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
Leaders need to be ready to adapt to technological changes as quickly as possible, while they build the tech capabilities, Nadella said.
The S&P BSE Sensex dropped 207 points to end at 25,230.
In the near term, the key driver will still be the government's fiscal spending.
Pvt sector holds back, waits for key reforms
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
On growth, the Governor said the prospects in the last few months have improved.
Interview with Anant Gupta, HCL Tech's president and chief executive officer.
Public banks face slowdown heat.
The oil ministry is rejecting the monetisation of new discoveries as their production will not be viable at the present price of $4.2 per mmbtu
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.
